need help pl

[cn123]

I am in the preliminary stages of purchasing/looking into DVC. I have spoken with an agent today and the current offer was a one time bonus of 160 pts at SSR. after getting off the phone thought everything was straight forward and then I come to the DIS boards and now I'm overwhelmed with information. a few questions what is UY? what does it mean. Does DVC offer incentives all the time? like this one time bonus of 160 pts the agent says it could end anytime but I would like to read all the DIS has to offer and this could take a while before I make a decision. also, any incentives to finance he was kind of pushing that and I have no interest in paying 10% interest. any help would be appreciated, also, any other incentives I didn't know about. Thanks

 

[browniemtb]

The DIS is chuck full of information it will be a great source to help you through your purchase. Use year is a month that you get your allotment of points. Example, my UY is August so I get a new allotment of points on Aug 1st. UY also plays a role in your banking deadline which would be March.....UY really has no true bearing on anything but it is better to have a UY just prior to your usual travel time.

As far as deals...well there are different promotions offered at different times. What I have seen thus far is that none are better than the next. The only down side is that the cost of becoming a member has increased. So the longer you wait the more it will cost.

Financing is up to you. If you have the funds pay it off right away. There is no benefit for financing with Disney.

 

[cn123]

thanks for your help.. here's another question.. is there any benefit of buying a resale? is it cheaper? or just a shorter life term? what does ROFR mean? I've seen this a few times. I really am keen on the idea but DH needs actually $$$ and cents figures.. what we're getting with DVC vs if we were to go away every year. This maybe a silly question does DVC get any other disccounts? lower AP's or free dining or anything? so I'm guessing most promotions offer a one time bonus which would probably equate to a 1 week free room within 12 months right?

 

[browniemtb]

is there any benefit of buying a resale??
is it cheaper??

The only benefit I see from going the resale route is a potential lower cost. The down side is time to get in the system, the contract could be stripped of points, and rofr. We didn't go through the resale route so others that have may be better informed to answer this.

what does ROFR mean??

ROFR - right of first refusal: Disney has the right to buy back any contract from the resale market. Example would be if you bid $80 per point on a contract. Now that contract goes through Disney and they have a right to buy it at the $80 level or pass it off to you. This is a process that can take some time.

This maybe a silly question does DVC get any other disccounts? lower AP's or free dining or anything??

DVC members do get $100 off on AP's - there are no real dining disounts unless you get the DDE card with the AP's. There are golf discounts and other small ones that may pop up.

so I'm guessing most promotions offer a one time bonus which would probably equate to a 1 week free room within 12 months right?

Depends on the promotion.....when we purchase we bought at a sold out resort but Disney gave us the previous years points plus current years points. Not sure of the promo now and how the developer points work.

As far as the DH and the $$........well DVC is worth it if you travel to Disney at least every other year and stay at deluxe accomodations. You see you can not compare the cost if you stay at the All Stars every time you go to Disney but it would be comparible to say the Polynesian. As far as savings-DVC takes inflation out of the picture. You lock in all your vacations for the next 40 years at todays prices. So 10 years from now AKV may increase in cost per night but it could be only 20 points for you, forever.(Unless the reallocate points). THe breakeven for the overall cost would be 7 to 8 trips to WDW after that its gravy. But everyone here on the DIS will have their own method of Mathmatics and breakeven.

Last rule of thumb...."Buy where you want to stay the most"

 

[cn123]

Last rule of thumb...."Buy where you want to stay the most"
Today 07:04 AM

don't know how to post previous quotes so I just ct & paste.

anyway.. why is it? the agent said it doesn't matter where your home resort is you can book anywhere.. is it an availability issue? given to home resort people first? I would definitely want to stay at BCV and my home resort would be AKV. Thanks again am I missing anything else?

 

[snoopywoodstockus]

Last rule of thumb...."Buy where you want to stay the most"
Today 07:04 AM

don't know how to post previous quotes so I just ct & paste.

anyway.. why is it? the agent said it doesn't matter where your home resort is you can book anywhere.. is it an availability issue? given to home resort people first? I would definitely want to stay at BCV and my home resort would be AKV. Thanks again am I missing anything else?

Where you buy is your "Home" resort and you get the benefit of being able to book at your home resort 11mos. prior to your travel and only 7mos. prior at all other resorts.

 

[Disney Spaz]

At your home resort you can book at 11 months out at all other DVC resorts it is only 7 months out. So you get first shot at your home resort. My understanding is that this is not a huge deal unless you are going during busy times like Christmas. You can always waitlist at the resort you want but those don't always come through.
As for BCV if you want to stay there primarily then buy there. You can do that through either resale or Disney. Disney says it is sold out but if you stand firm with your guide that you want BCV then they can usualy find what you want. That being said there are currently NO incentives (i.e. - developer points at SSR or a discount in point cost) when you buy at a sold out resort. In addition the contract would expire on 2042 for BCV vs AKV in 2057

 

[chalee94]

anyway.. why is it? the agent said it doesn't matter where your home resort is you can book anywhere.. is it an availability issue? given to home resort people first? I would definitely want to stay at BCV and my home resort would be AKV.

the agent is not being entirely straightforward with you. BCV is a relatively small resort and can be much tougher to book at 7 months, especially during peak DVC periods - including food&wine and ALL of december.

if you can typically book more than 7 months in advance (preferably 11 months), you should buy a BCV resale or tell your guide that you want a BCV contract, even if there are no incentives.

OTOH, if you would like to try for BCV sometimes at the 7 month window but would still be happy to stay at AKV if you get "stuck" there, then carry on. there is sometimes availability at 7 months and if you have the patience to wait on the waitlist, it will often come through...

 

[castleri]

Last rule of thumb...."Buy where you want to stay the most"
Today 07:04 AM

don't know how to post previous quotes so I just ct & paste.

anyway.. why is it? the agent said it doesn't matter where your home resort is you can book anywhere.. is it an availability issue? given to home resort people first? I would definitely want to stay at BCV and my home resort would be AKV. Thanks again am I missing anything else?

Just hit the quote button on the right hand bottom of a post and it will bring you to the reply page with the post you want to quote.

You can book your home resort at 11 months out from the date of arrival and all other resorts at 7 months out. If you really want BCV and think you will be going during busy times like Christmas, New Years, or food and wine time you should try to buy at BCV. You can buy resale or directly from Disney
but you won't get any incentives like you do with AKV. If you cannot plan more than 7 months out then it does not make any difference as everyone can book any resort depending on availability at that point. The smaller resorts like BCV are usually booked by owners for the busy times. I have had a waitlist for a studio at BCV since April for Sept which is not a busy time and it did not come through so if you really want BCV you should buy there and be prepared to book early. I own at BCV but didn't decide to try for it until April after we got our plane reservations so it was my own fault. I did get AKV savannah view so that it good anyway. Good luck with your research about DVC and be sure to keep asking questions before you sign on the line next to the Mickey ears so you won't be one of those who later post - "my guide said ----------" and now I can't get that resort or whatever the issue might be. I am basically happy at any DVC resort so am never really totally disappointed if I can't get my first choice but some people are or would be and should only buy where they want to stay the most if not all the time.

 

[cn123]

I'm pretty sure I would be fine with AKV however would like to try BCV or WL know what I mean... that's the whole point I would want to try the different resorts. I probably wouldn't be travelling at Christmas time/March break anyway. What resort does CR stand for? is WL busy like BCV? what's the likliehood of getting availability of that resort if that's not your home resort?

 

[chalee94]

What resort does CR stand for?

CR is the contemporary resort (the site of the potential new DVC, also referred to as the BLT.)

is WL busy like BCV? what's the likliehood of getting availability of that resort if that's not your home resort?

VWL is smaller like BCV. it's also very popular, due to the boat ride to the MK, theming and restaurants and such.

availability can be tougher, but if you're ready to book exactly at the 7 month window and are willing to wait it out on the waitlist when necessary, you'll probably be able to try the other resorts eventually. (edited to add: you may even be really lucky and get what you want...even on shorter notice...but you'd need to be pretty lucky.)

but you should typically plan to reserve a room at your home resort at 10-11 months, and then attempt to change resorts at the 7 month window.

with SSR being sold out and AKV continuing to sell, there will be a lot of competition for the smaller resorts (where you have other transportation options than buses). the number of rooms available at VWL or BCV will remain fixed even if demand goes up with more and more DVCers.